Anonymised property matter
Off-the-plan buyer kept their rights
- Transaction
- Purchase
- Jurisdiction
- NSW
- Focus
- Off-the-plan delay and completion risk
Situation
The client’s situation
An off-the-plan buyer expected to move in by a marketed date, but construction and registration were delayed. The client wanted to terminate immediately because rental arrangements and finance approval were expiring.
How Aquarius Lawyers helped
The legal response
We reviewed the sunset date, extension provisions, notice requirements and the difference between marketing estimates and contractual completion triggers. We also checked what rights arose if the developer sought to extend time or rescind.
Documented outcome
The documented outcome
The client made decisions based on the actual contract rather than the brochure timetable, preserved their rights and renegotiated practical timing while monitoring the contractual long-stop date.
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